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Stuff I’m Reading this Morning…

Microsoft ($MSFT) and Amazon ($AMZN) report earnings – no es bueno.  (Bloomberg)

Greece calls in the emergency cavalry.  That didn’t take long.  (NYT)

John Carney returns – a look at the not-so-innocent banks who lost on the Abacus CDO.  (DailyBeast)

Citigroup sees a $2 trillion M&A cycle underway, peaking out in 2013-14.  (FTAlphaville)

The plus-sized model ABC banned from the air.  I still love you, Ashley.  (NYP)

10 things you may have wrong about the Goldman/SEC flap.  (TBP)

Princeton Prof: Higher income taxes are inevitable and they’re coming soon.  (Economix)

Traders must get out of their own heads sometimes.  (AbnormalReturns)

What went on with the threats and subsequent censorship of this week’s South Park episode?  (Reuters)

Microsoft’s Bing is losing $3 billion a year.  Another masterstroke from Ballmer.  (WallStCheatSheet)

Book me the next flight to Purdue University.  (NYP)

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